The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-06-23
fINAACE And COMMERCE.
HONEY 6 TO 8 PER CENT, NEW
YORK EXCHANGE 1.S PREM.
Cotton euiet-HiddIing Cotton, 10ie
Sales Yesterday Un-
important.
APPEAL oFPIoK.


WEDNESDAY EVENING, June 2, lSS7.J
Money is in good demand from bust
ness quarters and rates are firm at to s per
cent on call and time loans. But little bust
ness was transacted at the Stock Exchange
today. The local security market is very
dull and promises to remain io during the
summer months.
The local cotton market remains quiet
middling 1o1zc, and sale, unimportant.
In the New York market spots are quiet
and easy and of on all grades &c; middlipg
1850. Futures closed barely steady and of
10 to II points on the old crop and of to 10
points on the new; June, lO.659lO.67c.
At New orleans spots are dull and quiet
and of 10 on all grades; middling 10 Ice.
Futures closed steady with decline Of from
IL to 10 points on the old crop and decline
Of from 10 to II points on the new.
A leading New York cotton circular says
Of the future market; There was a heavy
movement in contracts, but mainly under
strong disposition to liquidate. ami the mar
ket made a liberal br ak on the old crep,
amounting to Is or IS points, with more or
less sympsthy on the new crop, where the
.hrir ka &c vas 10 points. During the after
noon a steadier feeling temporarily prevail
ed. with small reaction, but no general de-
mand."
The Liverpool spot market is dull in buy
ers' favor, and with middling upland and
orleans off 1-l6d, or sgd. Futures closed
quiet and of 5 points; June, 8. SD value.
The Manchester Guardian Of the I'D. in its
.s.I - Il
suspended yesterday on account Of the jubi-
lee celebration, and there was very little do
Jag on Monday. India merchants have fair
orders, butaI regards prices, they continue
infeasible. For China there is little inquiry.
There has been a moderate businets in ex-
pert yarns, chiefly for Japan
AT Chicago July wheat closed st70c today;
business was moderate and the market weak.
There was large falling of in wheat re-
seipts. Corn is quiet, influenced by wheat,
and oats steady. In the grocery market
speculation is still confined to coffee, and
advantages are variable.
In our LEGAL market the leadin g artc les are
unchanged, Apples ave buying loose at sic
/ 50 per barrel, and are being shipped rapid
~. Potatoes are buying loose at $2@25O per
barrel, and selling from store at 50 per bar
rel. Georgia watermelons are selling at from
s25 to s35 per 100, and cantalopes at IS to 80 so
per crate Of two dozen.
IMPORTS.
Five bbIs apples. 8 bbis beans and peas,
$50 rls bagsing, so pkgs bacon, 1858 pkgs
boots aud shoes, Q pkgs chees. 2l6 SKIS cot
ten seed, ! car cotton seed. so bbls cement,
l25 pBgs dry goods, 80 pkss eggs, l25 bbls
-four, 30 bales hay. II lkgs hats, horse,
Ii pkgs lard, 128,OGD feet Of lnmber. pkgs
Nquor, s bills lime, l25 bbls meal, 13i2 kegs
nails, 200 blu oats, lis bills sugar. 254 pkgs
tobacco.
ELEVATOR REPORTS.
The following shows the amount of grain
received, withdrawn and in store by regular
elevators. as reported to the Merchants Ex-
change yesterday: Corn-received. 1898 bu;
withdrawn, 1854 bu; in. stnre, 31,6l2 bu.
Oats received, 96C blu; withdrawn, 2055 bu;
in store, $3.50 blu.